Please create a Budgeted Balance Sheet showing the Cash Flow for December 2025

Current Assets			Current Liabilities
Cash	$780,000		Accounts Payable		$65,000
Accounts Receivable	3,600		Wages Payable		5,500
Inventory	67,000		Total Current Liabilities		$70,500
Prepaid Insurance	$12,000
Total Current Assets	$862,600		Long-Term Liabilities
			Bonds Payable		15,000
Property, Plant, Equipment	$360,000		Total Liabilities		$85,500
Less: Accumulated Depreciation	(95,000)		Stockholder's Equity
Net Property, Plant, and Equipment	$265,000		Common Stock		10,000
			Retained Earnings		$1,032,100
Total Assets	$1,127,600		Total Liabilities and Equity		$1,127,600
Consider the following and create a budgeted balance sheet for December 31, 2025
1. Net Income	$210,000		Adjust the appropriate equity account for net income.
2. Inventory	85,000
3. Prepaid Insurance	15,000
4. Depreciation Expense	9,800
Be sure to adjust accumulated depreciation.
5. Capital expenditures	68,000
6. Accounts payable	$80,000
7. Dividends paid	$30,000
Adjust cash to get your balance sheet balance.